Invesco Trust for Investment Grade Municipals (NYSE:VGM) Plans Monthly Dividend of $0.06

Invesco Trust for Investment Grade Municipals (NYSE:VGM) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Tuesday, July 16th will be paid a dividend of 0.0646 per share by the investment management company on Wednesday, July 31st. This represents a $0.78 annualized dividend and a yield of 7.56%. The ex-dividend date of this dividend is Tuesday, July 16th.

Invesco Trust for Investment Grade Municipals has decreased its dividend by an average of 10.8% per year over the last three years.

Invesco Trust for Investment Grade Municipals Trading Up 0.1 %

Shares of NYSE:VGM traded up $0.01 during trading hours on Tuesday, reaching $10.26. The stock had a trading volume of 113,258 shares, compared to its average volume of 153,171. Invesco Trust for Investment Grade Municipals has a 1 year low of $8.15 and a 1 year high of $10.37. The firm’s 50 day moving average is $9.94 and its 200-day moving average is $9.83.

Invesco Trust for Investment Grade Municipals Company Profile

Invesco Trust for Investment Grade Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.